Years end and no resolution in sight.

Back in early 2016scales-of-justice, the 1st mortgage officially filed a lawsuit against the owners (and all lien holders) of the Burbank Theater, Santa Clara County Superior Court Case @115CV284426.

So what has happened in almost 2 years?

Lawyers have come and gone replaced by newer lawyers, each time adding new delays.

New defendants have showed up with claims, only to be retracted or never followed through in later hearings.

The clerks office went on strike further delaying default judgement, and 1st mortgage has been waiting till each new case management conference to do anything… So the case is now scheduled for it’s next action “in the next 90 days” with the only hard-ish date now set for April 2018.

The light at the end of the tunnel?  It’s there somewhere, the good news now is – it’s very clear who the owners are and who the owners are not.

Happy New Year everyone!

End of June 2018 update: Case dismissed? Strange doesn’t even begin to explain this; the judicial foreclosure was dismissed by the bank without any explanation.  This implies the 1st mortgage will return to a standard foreclosure, but no date has been publicly set at this time, and they are not returning Email or Phone calls.

4 thoughts on “Years end and no resolution in sight.

  1. Ali Roohi

    To whom it may concern,

    I noticed recently signs to rent this theater building again. I would love to learn more as my non profit organization is looking for a building. and we love burbank theater!

    do you have any info?

    Reply
    1. burbanktheater Post author

      Hi there,

      The signs to rent the theater have been there non-stop for 4+ years, they never came down. It’s unclear what the legal status of the building is, so make sure you discuss with a real-estate lawyer before you proceed.

      Reply
  2. Michael

    Just Curious how you expect to buy the property with only a few thousand dollars raised? I have followed this building for years even with the prior two owners. The issue isn’t the owners fault its the county turning down every possible permit. The have denied anything ever opening in the Theatre section that brings in a crowd due to the fact that it has limited parking spots. Since the adult theatre was shut down by the county and neighborhood many years ago prior to the last 2 owners. The building then had to go by current guidelines which won’t give permit to most businesses to operate. This is the issue with the property. Also keep in mind if this wasn’t a historical monument this would of been bought in a second and torn down. The mortgage is around 15k how could any owner make a profit on renting unit with such limitations. Especially in such a rough neighborhood it’s already hard to rent but imagine when you only have limited business allowed to rent who don’t require parking to acquire permit. On the note of bankruptcy that’s the only way to do things to not lose money you invested as an owner. Your President Trump has claimed bankruptcy many times it’s a business tactic. Please tell us your plan very curious to hear this.

    Reply
    1. burbanktheater Post author

      Hi there, you seem to know quite a lot of detailed non-public information, maybe you should tell us what your plans are. Also much of your information is also misleading, as a quick check with the County planning department shows the shops downstairs are zoned for retail, and the upstairs is zoned as an art studio that is operating now. As for parking, not sure what your point is, for over 50 years now this building has had little parking, under current laws to open a new type of business, you do require parking at a ratio that makes sense so customers can park at the business instead of annoying the local neighbors, who commonly complain when people park in front of their house.

      Reply

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